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Jun 10, 2012
06/12
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when china achieves, we lose jobs. -- when china cheats, we lose jobs. i urge my colleagues to pass the neck -- currency exchange legislation that deals with this issue. we want to get that out of the house. our economy while in the better shape is recovering from the great recession. with unemployment above 8%, the labor market still needs to heal. europe continues to wrestle with debt issues as well. we know that. which will continue to impact the u.s. financial markets and the global economy. against this backdrop, it is clear we need to stay focused on promoting stronger economic recovery and that means jobs. thank you for your testimony and i will turn to vice chairman brady. >> thank you for holding this hearing and thank you, chairman bernanke for appearing at this critical juncture to discuss america's economic outlook. while we're all anxious for signs of a strong, sustainable recovery, the recent jobs report for may was grim. with employers -- job growth over the past two months has dropped by two-thirds from the first quarter of the year. busi
when china achieves, we lose jobs. -- when china cheats, we lose jobs. i urge my colleagues to pass the neck -- currency exchange legislation that deals with this issue. we want to get that out of the house. our economy while in the better shape is recovering from the great recession. with unemployment above 8%, the labor market still needs to heal. europe continues to wrestle with debt issues as well. we know that. which will continue to impact the u.s. financial markets and the global...
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Apr 30, 2012
04/12
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when we look at some of the fastest growing markets in the world, whether india or china or the southeast asian markets, i visited some days ago, export performance care compared with 2009 in those markets is up by as much as 60%. but as well as those markets, we've also got to remember our old friends, as it were, and the fact that we still export more to the republic of ireland than brazil, russia, india, and china combined. expanding our existing market but much more work to get in the fast growing markets in the world. >> david simpson. >> thank you, mr. speaker. recently the prime minister conceded that the government had made an important mistake in the handling oof this fuel cry sess. can i ask him, wouldn't it be a positive step in correcting that mistake if the government were to scrap the piece in august in order to help motorists, companies and families in the united kingdom? >> the government has actually used around four pl bel pounds of budget money to keep petrol prices down and petrol prices are about 6 p lower than they would be under the plans of the party opposite. let
when we look at some of the fastest growing markets in the world, whether india or china or the southeast asian markets, i visited some days ago, export performance care compared with 2009 in those markets is up by as much as 60%. but as well as those markets, we've also got to remember our old friends, as it were, and the fact that we still export more to the republic of ireland than brazil, russia, india, and china combined. expanding our existing market but much more work to get in the fast...
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Jun 4, 2012
06/12
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caller: china is communist. why do we let them invest in our country and we invest in their country when they are our enemy? communism, the main goal is to -- they do not agree and believe in what we believe in. i want your opinion on that. is it just because of the love of money or what? guest: it is china's fault for still calling itself a communist country that people have misgivings. if your manager is china versus united states and capitalism versus communism, the battle is over. it has been one. china is communist in name only. the chinese economy is organized around market principles. that is what drives how things work. we do have some real problems with china. there are good reasons to think about whether we want to treat chinese investment the same as we do from every other economy. it is not because of communism. it is about industrial policy interventions in the economy such as state control, influence, and ownership over certain sectors. automotive, for example. there's heavy state involvement in ma
caller: china is communist. why do we let them invest in our country and we invest in their country when they are our enemy? communism, the main goal is to -- they do not agree and believe in what we believe in. i want your opinion on that. is it just because of the love of money or what? guest: it is china's fault for still calling itself a communist country that people have misgivings. if your manager is china versus united states and capitalism versus communism, the battle is over. it has...
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Sep 27, 2012
09/12
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and china because we share concerns in the pacific. we share concerns with regard to terrorism, with regard to issues like nuclear proliferation, with regards to humanitarian assistance, maritime rights, etc., and it is important for us to work to develop the capabilities of countries in that region so that they can help secure themselves. if i ever was asked about the situation in india, my answer would be the same as what we do with regards to other countries in the region -- we try to help develop their capabilities so they can help provide security for that region. >> mr. secretary, quickly -- >> don't filibuster. >> mr. secretary, congress has left town without making deals to avoid sequestration. last week, it was said that some sort of short-term deal might be beneficial. do you agree with that? >> i will take whatever the hell deal they can make. the problem now is they have left town, and all of this has now been put off into the lame- duck session. so it is extremely important that when they returned after the election that t
and china because we share concerns in the pacific. we share concerns with regard to terrorism, with regard to issues like nuclear proliferation, with regards to humanitarian assistance, maritime rights, etc., and it is important for us to work to develop the capabilities of countries in that region so that they can help secure themselves. if i ever was asked about the situation in india, my answer would be the same as what we do with regards to other countries in the region -- we try to help...
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Apr 16, 2012
04/12
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our partners are china eastern in china southern. i have spent dozens of trips there. debut aviation as a national asset, one of the most important strategic assets of china are their airlines, but we don't seem to have that same sort of bigger here in the united states that i see traveling around the world, whether it be mexico, which is one of the most profitable airlines in the world, or latin america, central america. so the past -- since 9/11, and has been a difficult decade, but without government aid, we have made enormous strides in this
our partners are china eastern in china southern. i have spent dozens of trips there. debut aviation as a national asset, one of the most important strategic assets of china are their airlines, but we don't seem to have that same sort of bigger here in the united states that i see traveling around the world, whether it be mexico, which is one of the most profitable airlines in the world, or latin america, central america. so the past -- since 9/11, and has been a difficult decade, but without...
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Mar 5, 2012
03/12
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as china increases the military voice, we have seen the effects. everybody from japan to india to the philippines have come to the united states and looked for reassurance that the united states is still there. setting aside the right in the wrongs, they have a problem. they look to the united states for support. that is an obstacle that they may try to break out of. if you look at the germany at the end of the 19th century, germany tended to break out of that problem by going to war. the chinese know that history very well. they're trying to avoid it. china is a little box and carried it does not have the kind of sway that the chinese believe it ought to have in terms of their history and in terms of their growing economy. we do not want them to have that kind of sway. how this gets manage will be one of the great and potentially dangerous circumstances that lie ahead of us. >> i am going to go back to the review. you mentioned this earlier in our discussion. at want you to address this. she said the expectation of global support for military inte
as china increases the military voice, we have seen the effects. everybody from japan to india to the philippines have come to the united states and looked for reassurance that the united states is still there. setting aside the right in the wrongs, they have a problem. they look to the united states for support. that is an obstacle that they may try to break out of. if you look at the germany at the end of the 19th century, germany tended to break out of that problem by going to war. the...
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Dec 28, 2012
12/12
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china's >> ok. concepts. for 20 years i have been advising -- roughly half of that on financial economic matters. the other half a variety of topics. about 10 years ago, we started talking about role of law. i said to him at the time, what strikes me about this topic was that other than the occasion i can think of, other than when paul worked at the state department and bill clinton was president, this topic in my view has never gotten the attention it deserves. it has been treated too much as a technical topic. not as a fundamental topic about the relations of the states. in my experience, i always say the chinese leadership, the most distinctive characteristic is they are systematically opened. that is to say the modus operandi is on a particular topic, let's look for the best ideas throughout the world, bring them back, study them, and then customize them as appropriate for our own system. and yet in this one respect, they have been a little bit slow. we had this conversation 10 years ago. now, i will stic
china's >> ok. concepts. for 20 years i have been advising -- roughly half of that on financial economic matters. the other half a variety of topics. about 10 years ago, we started talking about role of law. i said to him at the time, what strikes me about this topic was that other than the occasion i can think of, other than when paul worked at the state department and bill clinton was president, this topic in my view has never gotten the attention it deserves. it has been treated too...
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Apr 30, 2012
04/12
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when we look at some of the fastest-growing markets in the world -- whether india, china or some of the south-east asian markets i visited a few days ago -- we see that our export performance in some of those markets, compared with 2009, is up by as much as 60%. as well as those markets, however, we also have to remember our old friends, as it were, and the fact that we still export more to the republic of ireland than to brazil, russia, india and china combined. so we need to expand our existing markets, but it is far harder work to get into the fast-growing markets of the world. >> recently, the prime minister conceded that the government had made an "important mistake" in the handling of the fuel crisis. would it not be a positive step in correcting that mistake were the government to scrap the 3p increase in august, in order to help motorists, haulage companies and hard-pressed families in the uk? >> the government have actually used about £4 billion of budget money to keep petrol prices down. they are about 6p lower than they would be under labour's plans. let me update the honora
when we look at some of the fastest-growing markets in the world -- whether india, china or some of the south-east asian markets i visited a few days ago -- we see that our export performance in some of those markets, compared with 2009, is up by as much as 60%. as well as those markets, however, we also have to remember our old friends, as it were, and the fact that we still export more to the republic of ireland than to brazil, russia, india and china combined. so we need to expand our...
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Sep 9, 2012
09/12
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china is expanding. china is moving into the south china seas. i have always been assured prior to this time in a legal way in terms of legal solutions. hopefully that can still be put forward. one of the things they tried to do is establish a record relationship with china. there is no reason for us to be anything other than allies. we really need to look to develop that very much. saying he will declare somebody a currency manipulator on your first day in office does not make much sense to me. >> i actually do think there are differences. part of it has to do with the rhetoric. i did say when i was secretary of state that i had all my partisan instincts removed. the have all grown back. -- they have all grown back. [laughter] [applause] basically, i do think that the romney people are living in a different century. just the flat out statement to say that russia is our biggest geopolitical problem is a 20th century concepts. we are living in the 21st century. that makes it a very different story. i do think that there is a one or two dimensional
china is expanding. china is moving into the south china seas. i have always been assured prior to this time in a legal way in terms of legal solutions. hopefully that can still be put forward. one of the things they tried to do is establish a record relationship with china. there is no reason for us to be anything other than allies. we really need to look to develop that very much. saying he will declare somebody a currency manipulator on your first day in office does not make much sense to...
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Apr 21, 2012
04/12
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china and european nations, over the last 3.5 years, have opened 44 trade agreements. guess how many this president has negotiated in the last 3.5 years? none. the three that were finally approved by the senate were negotiated by his predecessor. these are the demands of the union bosses. let me tell you -- if anything were to kill america's economy, if it were not our deficit and the massive debts, it is obedience to union ceo's. it is dangerous. i believe in the right of people to join unions if they want to. i also believe we have to have a president who will stand up for the american people with large, -- writ large, not just a narrow segment. if elected, i will rein in the excesses by linking the pay of government workers with the pay and benefits in the private sector. [applause] you know the road we are on with regards to health care. it is a road that says that fed will bureaucrats can do a better job than you can deciding what kind of health insurance you ought to have. ultimately, i am convinced those bureaucrats will tell you what kind of treatment you can r
china and european nations, over the last 3.5 years, have opened 44 trade agreements. guess how many this president has negotiated in the last 3.5 years? none. the three that were finally approved by the senate were negotiated by his predecessor. these are the demands of the union bosses. let me tell you -- if anything were to kill america's economy, if it were not our deficit and the massive debts, it is obedience to union ceo's. it is dangerous. i believe in the right of people to join unions...
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Jan 9, 2012
01/12
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no. >> we hear the drums beating about china, that china is building up their military and that we have got to beef it up. you hear about these aircraft carriers they are building. at the moment, you tell me difference that they have won and that is not being used. >> it is stock finished. to that point, as we're talking about this year's defense budget and the way it is going to get caught, you have to push go on these machines if you want the capability in the future. the joint strike fighter was approved a long time ago. this thing that is a target for cuts going forward. >> we talked about the f-22 getting cut. it is expensive. it is behind the schedule. you're talking about the threat. who are we fighting? the defense industry magnate and those on the side of the machine are saying there is a threat. we need them. >> let me ask you about these f-35. lockheed martin officials said the f-35 will be four times more effective than existing fighters in the air to air combat. you flew the f-14. is that possible that it could be four times more effective? >> sure. but do you need four tim
no. >> we hear the drums beating about china, that china is building up their military and that we have got to beef it up. you hear about these aircraft carriers they are building. at the moment, you tell me difference that they have won and that is not being used. >> it is stock finished. to that point, as we're talking about this year's defense budget and the way it is going to get caught, you have to push go on these machines if you want the capability in the future. the joint...
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May 6, 2012
05/12
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is china currency manipulator? our government is going over there this week and we will find out some things. we will do some talking. are they a manipulator of the currency? >> the treasury department has never found them to be officially a manipulator in the strict terms of the way the law is written, which is that you can find it intends. but do they manipulate the exchange rate? absolutely, no-brainer. >> they certainly run a very actively managed system. it is not exactly six. between 2005 under john snow's or original leadership, they moved away from that. from 2005-08 it was a pretty significant turn. then they did resume after lehman brothers for about 18 months. and then began to allow it again. -- allowing it to adjust again. the trend is to see it get inonger, but with times which the depreciation was the 0. >> i agree. but it is still undervalued somewhere from 10% to 30%, and the on how you do your analysis. but the chinese said they will move in the right direction. there is a naturalization of the cu
is china currency manipulator? our government is going over there this week and we will find out some things. we will do some talking. are they a manipulator of the currency? >> the treasury department has never found them to be officially a manipulator in the strict terms of the way the law is written, which is that you can find it intends. but do they manipulate the exchange rate? absolutely, no-brainer. >> they certainly run a very actively managed system. it is not exactly six....
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Feb 17, 2012
02/12
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of economic espionage in this country, which was put out in october which called out both russia and china particularly china because of the grand theft of intellectual property in this country is quite a profound threat. that is one reason why we are supportive of the rockefeller- feinstein bill. >> you included it in your central remarks. thank you for spending the morning with us. >> thank you. senator chretienshanheen? >> last year in the midst of the libyan operation senator collins and i wrote to the administration. running -- regarding man-pads. considering that these pose a continuing threat and there are an estimated 20,000 still out there, i am not going to ask you to speak to that because we asked the intelligence committee give us a report. i wanted to say that i look forward to hearing from you about that subject because it is clearly going to continue to be a concern. >> it is a concern. you're quite right about the estimates that we had before the anti-gaddafi demonstrations started. there is a program to recover man-pads, and we have recovered 25% of them about 5000. there
of economic espionage in this country, which was put out in october which called out both russia and china particularly china because of the grand theft of intellectual property in this country is quite a profound threat. that is one reason why we are supportive of the rockefeller- feinstein bill. >> you included it in your central remarks. thank you for spending the morning with us. >> thank you. senator chretienshanheen? >> last year in the midst of the libyan operation...
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Apr 30, 2012
04/12
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china and the u.s. are cooperating pretty well to but there areudan, other cases where there have been a vicious and breakdowns. >> i have some numbers we will show you about the cost of some of the operations, but i know you have written extensively about funding, how you win is funded. talk about what he was commended is and what is expected to be in the future. >> you have to understand the u.n. is much broader than people realize. people think about new york. they think about the security council, un peacekeeping, but it also encompasses several organizations that fit under the umbrella, and when you take a look of the entire system, it is rather expensive, and the effectiveness of those organizations in terms of serving u.s. interest vary greatly. there are some parts that are extremely useful to the united states. there are other parts that are not useful at all, and the united states should reevaluate whether it should be a part of those organizations, and there is a massive amount of mismanageme
china and the u.s. are cooperating pretty well to but there areudan, other cases where there have been a vicious and breakdowns. >> i have some numbers we will show you about the cost of some of the operations, but i know you have written extensively about funding, how you win is funded. talk about what he was commended is and what is expected to be in the future. >> you have to understand the u.n. is much broader than people realize. people think about new york. they think about...
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Feb 24, 2012
02/12
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china is going to grow by 8% this year. everything is robust, despite what is happening in europe and america. in hong kong, we have a reserve of over two years pending. things look very nice. i have been in public service, most of which has been in public finance. i have never been as scared as about the world. what is happening in europe, looking at what of experience was in 1980, the crisis we had in the 1990's, this is a very big issue. i agree entirely that nobody is immune. we are all connected with each other. the spread of contagion, the asian financial crisis in the late 1990's, we were left to ourselves. we overcame it. now it is very different. in 2008, ireland introduced a way to protect banks. two days afterwards, the whole world follow suit. in other words, we are more interconnected than before. in the case of bank exposure, in hong kong, we are highly exposed -- hardly exposed. we checked all of our banks. but, what about the other parties? what about the clients in serious trouble? we do not know how deep t
china is going to grow by 8% this year. everything is robust, despite what is happening in europe and america. in hong kong, we have a reserve of over two years pending. things look very nice. i have been in public service, most of which has been in public finance. i have never been as scared as about the world. what is happening in europe, looking at what of experience was in 1980, the crisis we had in the 1990's, this is a very big issue. i agree entirely that nobody is immune. we are all...
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Oct 15, 2012
10/12
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yes, we have been hearing about china and india for years, but it is hard to believe what is happening in brazil, in indonesia, in nigeria too. meanwhile, the old powers are on the slide. what do the countries on the rise have in common? they are lean, fit, obsessed with enterprise, spending money on the future -- on education, incredible infrastructure and technology. and what do the countries on the slide have in common? they are fat, sclerotic, over- regulated, spending money on unaffordable welfare systems, huge pension bills, unreformed public services. i sit in those european council meetings where we talk endlessly about greece, while on the other side of the world, china is moving so fast it is creating a new economy the size of greece every three months. i am not going to stand here as prime minister and allow this country to join the slide. my job -- our job -- is to make sure that in this twenty first century, as in the centuries that came before, our country, britain, is on the rise. and we here know how that is done. it is the collective result of individual effort and asp
yes, we have been hearing about china and india for years, but it is hard to believe what is happening in brazil, in indonesia, in nigeria too. meanwhile, the old powers are on the slide. what do the countries on the rise have in common? they are lean, fit, obsessed with enterprise, spending money on the future -- on education, incredible infrastructure and technology. and what do the countries on the slide have in common? they are fat, sclerotic, over- regulated, spending money on unaffordable...
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Nov 26, 2012
11/12
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i don't know what will happen in china. i tell believe that 1.3 billion people are going to be satisfied forever under the present regime in which they live. it seems to me it's even more important that we have certain principles guiding us. i want to emphasize again and that it does not mean we go everywhere, fight every battle, pullout are pestilent every provocation. it has to be tempered by reality and it has to be tempered by the fact that we are democracies and we have to have our people behind us. jolie where my people are going so i can get out in front in them. -- show me where my people are going. [laughter] i think it was voltaire. i'm not sure. maybe both. >> next question. i neglected to call my duties as a moderator. if you would please stand, give us your name and organization and represent and then ask your question. >> cameron from canada. i work for research in motion, but that is not relevant. my question is the discussion was about the special board of nato countries and those closely aligned, australia,
i don't know what will happen in china. i tell believe that 1.3 billion people are going to be satisfied forever under the present regime in which they live. it seems to me it's even more important that we have certain principles guiding us. i want to emphasize again and that it does not mean we go everywhere, fight every battle, pullout are pestilent every provocation. it has to be tempered by reality and it has to be tempered by the fact that we are democracies and we have to have our people...
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Sep 30, 2012
09/12
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eye 102
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i am with china central television. my question is on the quota for governance reform. he said that the numbers needed for the reform, you still needed more, at least 2% of the codes to get that part down. to some degree that is largely dependent on the united states. what is the confidence level that you have the you will see the completion of this reform before the end of the meeting this october? thank you. >> it is not just the united states. clearly, there are others, including the g-20 countries, which have rectified the reform of 2010. it is not a u.s.-centric issue. the u.s. has a sizable quota and is my largest shareholder, if you will. but this afternoon in that camp i certainly hope that the european authorities at large, including congress, will appreciate how needed u.s. leadership is and how needed the imf rule is going to be needed going forward. not to promote crises around the world, but it is the indirect consequences of those remote crises, including on the u.s. economy. if there is something worth learning, it is the interdependence of them. >> how c
i am with china central television. my question is on the quota for governance reform. he said that the numbers needed for the reform, you still needed more, at least 2% of the codes to get that part down. to some degree that is largely dependent on the united states. what is the confidence level that you have the you will see the completion of this reform before the end of the meeting this october? thank you. >> it is not just the united states. clearly, there are others, including the...
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Jul 17, 2012
07/12
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china's air force is several decades behind. and nonetheless, the defense industry is always coming up with new fancier and expensive technologies. enough is enough. and majority found that convincing. interestingly, when we went through the areas, the arguments against cutting did better than they did when we talked about defense spending overall. and in this case, for example, a majority of republicans do not find it convincing. so then after going through that process they made -- they specified what they thought the spending levels should be. so here's -- i'm not going to go through all the areas but you can see them if you want in terms of the arguments given and so on. summarizing what they did overall. first, the area -- the changes by percentage. well, the biggest cut was to nuclear weapons. which was cut 27%. followed by ground forces -- existing ground forces and new naval forces. ground forces cut 23%. new naval forces cut 20%. and all areas were cut on average except one which was new capabilities for ground forces.
china's air force is several decades behind. and nonetheless, the defense industry is always coming up with new fancier and expensive technologies. enough is enough. and majority found that convincing. interestingly, when we went through the areas, the arguments against cutting did better than they did when we talked about defense spending overall. and in this case, for example, a majority of republicans do not find it convincing. so then after going through that process they made -- they...
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Mar 2, 2012
03/12
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that will go to china. all of the oil produced in our own country goes to the open market, so our developers are not really even keeping the supply back for this country. so, i do not know. guest: i did not catch a question in there, heather, but about the keystone pipeline, president obama said the latest move from canada to build a southern portion to taxes is -- to kansas is something that he approves of, and they do not have the authority to disapprove. they have the permits. congress has not been able to repeal the law of supply and demand, basic economic principles. if you have more supply, you will have lower prices. host: waterford, new jersey, the gallery on our independent line. caller: good morning. i am glad your first caller covered some of the points i was going to make. it is important for people to understand what the politicians are doing with the story. they want to dump it down and have people believe that we just need to start drilling and our problems will be solved. when you look to th
that will go to china. all of the oil produced in our own country goes to the open market, so our developers are not really even keeping the supply back for this country. so, i do not know. guest: i did not catch a question in there, heather, but about the keystone pipeline, president obama said the latest move from canada to build a southern portion to taxes is -- to kansas is something that he approves of, and they do not have the authority to disapprove. they have the permits. congress has...
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May 24, 2012
05/12
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eye 174
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and america together as china and india rise but i was always taught in business, going back to your best and biggest customer to get that extra deal is often a very good strategy, and so we should be thinking exactly about that in terms of e.u.-u.s. trade. .. to scrutinize in the same way spend ages. >> i think it makes a series of sensible suggestion and i think we should look carefully at them. again commend for what he has done in terms of reforming the huge number of command postsand headquarters post in nato. i expect more to be done on the in front as well. [inaudible] 3% on the european market could the prime minister confirm how completing the service market is for british services. >> i think the point of it is completing the single market in digital services and energy. each of them, can add, i believe over a percentage point on european gdp. it is a area britain excels at not terms of financial service but everything from construction and what have you. from other countries and there are a a a number of countries that are currently in breech of the undertaking. the pressu
and america together as china and india rise but i was always taught in business, going back to your best and biggest customer to get that extra deal is often a very good strategy, and so we should be thinking exactly about that in terms of e.u.-u.s. trade. .. to scrutinize in the same way spend ages. >> i think it makes a series of sensible suggestion and i think we should look carefully at them. again commend for what he has done in terms of reforming the huge number of command postsand...
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Jun 16, 2012
06/12
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brazil, russia, india, china are great examples. last year for the first time, china surpassed the united states as the largest new market for the sale of legal computers, but china has an extraordinarily high rate of software piracy, nearly 80%. so that growth of the market for selleck pc's, coupled with higher rates of piracy in those markets are what is driving the global value piracy. >> and what can the government do about that, especially china? is there anything more the administration can do? i know the president has talked about it in economic talks, but is there anything the administration or congress can do? >> it has become a national priority, not just for the software industry but more broadly. that is because software is a tool of production. every business is using software in some form or fashion to enhance their productivity. we talk about software piracy, not necessarily something that is downloaded off the internet. we are talking about otherwise legal businesses in every sector using software as part of their pr
brazil, russia, india, china are great examples. last year for the first time, china surpassed the united states as the largest new market for the sale of legal computers, but china has an extraordinarily high rate of software piracy, nearly 80%. so that growth of the market for selleck pc's, coupled with higher rates of piracy in those markets are what is driving the global value piracy. >> and what can the government do about that, especially china? is there anything more the...
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Nov 18, 2012
11/12
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we keep coming back to china. question purity mention the cold war. there is a question asking -- there was a question about the cold war. there's a question about the role of russia going forward. >> that is the challenge of defining its identity. russia has been through imperial power. it does have domestic support by the efforts in asia and europe alternately, depending on where it was. now russia has the problem of the declining population. a declining russian population. the muslim population that is at the borders of the muslim world. it has a 3,000 mile frontier with china, which is a strategic nightmare. and a billion chinese on the order. to the borders the middle east which is a biological nightmare. it borders with europe which is allyarkly -- historic difficult for them. the image that russia has of leadership is that they have to be considered as a principal country in order to be taken seriously. environmentally, russia has to look for some patterns of cooperation. it has not yet found the methods of
we keep coming back to china. question purity mention the cold war. there is a question asking -- there was a question about the cold war. there's a question about the role of russia going forward. >> that is the challenge of defining its identity. russia has been through imperial power. it does have domestic support by the efforts in asia and europe alternately, depending on where it was. now russia has the problem of the declining population. a declining russian population. the muslim...
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Jun 8, 2012
06/12
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>> >> i think china and your face rather different economic situations than we do. we have to make our judgments based on what is happening in the united states. looking forward to our meeting in about 10 or 11 days, i think the main question we have to address has to do with the likely strength of the economy going forward. as i discussed in my testimony, the weakness in labor markets in the last couple of months may reflect the end of a catch-up period where employers were offsetting the very sharp declines in employment that occurred during and after the recession. if that analysis is correct, going forward, in order to see continued improvement in employment and lower on implied rate, we will need to see growth at or above the trend rate of growth that is the essential decision and the central question that we have to look at -- will there be enough growth going forward to make material progress on the unemployment rate? my colleagues and i are still working on our on assessments. staff is working on their updated forecast and we will have a new round of economi
>> >> i think china and your face rather different economic situations than we do. we have to make our judgments based on what is happening in the united states. looking forward to our meeting in about 10 or 11 days, i think the main question we have to address has to do with the likely strength of the economy going forward. as i discussed in my testimony, the weakness in labor markets in the last couple of months may reflect the end of a catch-up period where employers were...
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Jun 9, 2012
06/12
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china makes all of our stuff, and it's not just low tech things. it's all of our stuff. host: we have a conversation on facebook, funny that the grasp of the facts would be questioned. death panels, phony birth certificates, voter fraud, 90% of what planned parenthood does is abortion, stimulus failed, obama apology tour, affordable care act was the government takeover of healthcare, and many more falsehoods are standard republican talking points. all phony. raven brooks, your thoughts? guest: well, i guess we can just tick off the list here. death panels don't exist. that's republican fear mongering. the birth certificate thing is, frankly, laughable. it might have been something that was a tactic possibly in the 2008 election, but it's based on racism and it's laughable that it's even coming up at all here in this cycle. there are so many, you know, kind of things out there, so much is racially based to kind of charge up and view a new century version of a strategy. it's, frankly, ridiculous, and it's something that i don't think we should be tolerating as a country to
china makes all of our stuff, and it's not just low tech things. it's all of our stuff. host: we have a conversation on facebook, funny that the grasp of the facts would be questioned. death panels, phony birth certificates, voter fraud, 90% of what planned parenthood does is abortion, stimulus failed, obama apology tour, affordable care act was the government takeover of healthcare, and many more falsehoods are standard republican talking points. all phony. raven brooks, your thoughts? guest:...
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Feb 25, 2012
02/12
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profits in china and invest in china, there is no u.s. tax. if they bring the money home, we charge them up to 35%. that makes no sense. we have to and the repatriation attacks. it is estimated to be over $1 trillion that could create american jobs. i will get it done. [applause] i will maintain a 15% capital gains tax rate. that is the right course to keep our economy growing. i will eliminate the tax entirely for those with annual incomes below $200,000. those low tax rates encourage americans to save and to invest and it will encourage business investment and economic growth. finally, i will repeal the alternative minimum tax and a polished the death tax. it is simply not fair. -- abolish the death tax. it is not fair. these changes i will not allowed to raise the deficit. stronger economic growth, spending cuts, and broaden the base will offset the reductions. americans will continue to enjoy the tax benefits the to favor important priorities, including home mortgages into a back -- home mortgages, charitable deductions, and savings.
profits in china and invest in china, there is no u.s. tax. if they bring the money home, we charge them up to 35%. that makes no sense. we have to and the repatriation attacks. it is estimated to be over $1 trillion that could create american jobs. i will get it done. [applause] i will maintain a 15% capital gains tax rate. that is the right course to keep our economy growing. i will eliminate the tax entirely for those with annual incomes below $200,000. those low tax rates encourage...
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Dec 27, 2012
12/12
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it gobbled up everything produced in japan and later in china. and for the american owners of these distant factories, they said their profits to wall street, a form of tribute to the global minotaur. what do bankers to when such a tsunami of capital comes their way daily? between $3 billion and $5 billion every week. they find ways to make it grow on their behalf. the us in 1985, 1990's, you saw an explosion of money minting on the back of the daily capital tsunami that floated to feed the global minotaur. just like its mythological predecessor, the global minotaur has kept the economy going for decades. until the pyramids of private money built on the tribute collapsed on their own weight. economy is simply not large enough to hold it so much private toxic money. money like a paper that burns down once the collapse begins. in this confederation, the global minotaur was wounded. while in rude health, the minthe minotaur formed new formf pleasure and new forms of deprivation. ample security for a few and spectacular insecurity for most. creating
it gobbled up everything produced in japan and later in china. and for the american owners of these distant factories, they said their profits to wall street, a form of tribute to the global minotaur. what do bankers to when such a tsunami of capital comes their way daily? between $3 billion and $5 billion every week. they find ways to make it grow on their behalf. the us in 1985, 1990's, you saw an explosion of money minting on the back of the daily capital tsunami that floated to feed the...
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Jul 2, 2012
07/12
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accordance -- while china and all of these third world countries are making all the money. with socialople security and stuff like that get together and say we will put tariffs on these third-world countries who are destroying our way of life? guest: i think the idea that the media on reporting those things is not true. when you say that the countries with social security are going bust, don't think that is the case. there are difficulties in the eurozone. there are nine -- there are 109 sovereign nations now appeared in a lot of them have social security. i do not think we are at that position where we are not reporting these things. there was a recent report that suggested that people get from the news with the want to get from the news. i think that al jazeera is trying to bust the mold. we want you to be slightly better informed and go, i never knew that. host: what does al jazeera mean? guest: it means peninsula. if you look at the middle east, qatar goes into the gulf. it is the geographic position of all jazeera in the middle east. host: out jazeera richest tendered
accordance -- while china and all of these third world countries are making all the money. with socialople security and stuff like that get together and say we will put tariffs on these third-world countries who are destroying our way of life? guest: i think the idea that the media on reporting those things is not true. when you say that the countries with social security are going bust, don't think that is the case. there are difficulties in the eurozone. there are nine -- there are 109...
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Apr 12, 2012
04/12
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china, india, germany, france and others. host: he writes -- guest: that is true. if you're dysfunctional government, it is hard for an economy to thrive. it is also true that if you think about countries that have much bigger governments then we do, countries like greece and spain and italy and portugal, those countries have bankrupted themselves. one of the things i say over and over is we have to get our debt and overspending under control. that means we have to look at programs like medicare and medicaid. i think we should be talking about fundamental reforms and social security. we cannot continue to borrow 1.2 trillion dollars per year. that is not a formula for success. it starts by reining in government spending. host: is mitt romney the right man to carry that message for the republicans? guest: that is a tough question. he better be. he is the only one left standing. he was once called mr. good enough. i think there are better spokesman in the republican party. you have a lot of stars like marco rubio and paul ryan. i think chris christie, the governor of
china, india, germany, france and others. host: he writes -- guest: that is true. if you're dysfunctional government, it is hard for an economy to thrive. it is also true that if you think about countries that have much bigger governments then we do, countries like greece and spain and italy and portugal, those countries have bankrupted themselves. one of the things i say over and over is we have to get our debt and overspending under control. that means we have to look at programs like...
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Jul 3, 2012
07/12
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we will never be as cheap as the people in china or india. we cannot produce that cheaply because their wages are higher but we have to be smarter. to be successful is very important to have good schools. i think you can't do it here in america as well. -- i think you can do it here in america as well. adjusted a story and that is something i really adore in america thecan do approach, the optimism. the americans always have a glass fault but in germany is the opposite. i have done a story about a public school here in anacostia, the marshall academy. the story was interesting because i just went through where the best public schools are in the u.s. and i just saw one of the best public schools is in anacostia, i don't want to offend anybody, but one of the worst parts were you can live because there are so many poor people. i was very curious why it was one of the best public schools is in anacostia. i went there and law students from the university decided to build a school and they have done it and it is a fantastic school and many people
we will never be as cheap as the people in china or india. we cannot produce that cheaply because their wages are higher but we have to be smarter. to be successful is very important to have good schools. i think you can't do it here in america as well. -- i think you can do it here in america as well. adjusted a story and that is something i really adore in america thecan do approach, the optimism. the americans always have a glass fault but in germany is the opposite. i have done a story...
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Nov 14, 2012
11/12
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. >> china. with the new leadership -- what will you be watching for? >> the big question is what will be the shape of this next- generation of economic reforms in china. they have had a remarkable record over the last 30 years of broadening the scope for property rights and private enterprise, managing a remarkable increase in incomes brought this but growth across an economy. but they have a difficult set of challenges ahead as the population -- as the population ages. they have run out of room to use those tax forms of stimulus to get the economy moving in the short term. you will look carefully to what they do to expand the scope for private investment, private initiative, better property rates not just for us but chinese innovators to expand opportunities. to reduce the role of state-run enterprises. people are going to look to the chinese government to see what is the new direction going for it. all indications we have are that the people that will be at the center of the government going forward are committed to that path. not debating that basic
. >> china. with the new leadership -- what will you be watching for? >> the big question is what will be the shape of this next- generation of economic reforms in china. they have had a remarkable record over the last 30 years of broadening the scope for property rights and private enterprise, managing a remarkable increase in incomes brought this but growth across an economy. but they have a difficult set of challenges ahead as the population -- as the population ages. they have...
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Oct 11, 2012
10/12
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and china. china is on the brink of a major change in its leadership. it has written its own prescription for new economic directions, which they know they have to initiate or they will fall off the cliff. we may or may not be looking at a major change in leadership in this country, but we are looking at the fiscal cliff. i'm wondering from your perspective, as someone who does business all around the world and despite your protestations about not knowing much about politics, how you assess the relative chances of success for america dealing in the short term with its fiscal cliff and the longer term with its ability to get some semblance of good governance and with the chinese to be able to do the same and make changes in their economy so that the two largest economies and policies in the world will help things stay online. >> china has huge issues they have to deal with. democracy starts as white men over a certain age who own property. every society creates a middle- class and has some form of democracy over time. it's hard. losing control, social un
and china. china is on the brink of a major change in its leadership. it has written its own prescription for new economic directions, which they know they have to initiate or they will fall off the cliff. we may or may not be looking at a major change in leadership in this country, but we are looking at the fiscal cliff. i'm wondering from your perspective, as someone who does business all around the world and despite your protestations about not knowing much about politics, how you assess the...
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May 15, 2012
05/12
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china won't be helpful because china's mercantilistic. the european powers have some limited influence in tehran. russia has a lot. if there is going to be an end game on iran where we convince iran not to stop short of a nuclear weapons future, i would bet that putin and the russian government will have a lot to do with that solution. so there is going to be a very close u.s.-russian interplay, cooperation on iran. that means that the nato-russia relationship is critically important. the promise of 10 years ago, we create the the -- created the nato-russian summit in italy. that has not been fulfilled. major order of u.s. and germany, because germany has close tie was russia, is to bring back a good working relationship with the russian government. very important.
china won't be helpful because china's mercantilistic. the european powers have some limited influence in tehran. russia has a lot. if there is going to be an end game on iran where we convince iran not to stop short of a nuclear weapons future, i would bet that putin and the russian government will have a lot to do with that solution. so there is going to be a very close u.s.-russian interplay, cooperation on iran. that means that the nato-russia relationship is critically important. the...
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May 16, 2012
05/12
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will be decades before china can make such a machine. the imf is predicting growth for 2012 and 2013. this country still has the world's best universities, more than any other, it is the largest producer of natural gas and the biggest food exporter. granted, this is a government hollowed by the winds of of voters. if we do not do something, we will end with sequester at the end of the year. spending cutwill be automatic. what do you think the chances are that sequester will be activated? >> i do not know. my guess is, we will not know until after the election. i agree with with the economist said of the strength of the american economy. they left out the fact that it is very diverse. good thing we have somebody here. a lot of this anti-immigration seems to be abating. i also agree that most people think w're still in a recession because the have not gotten a pay raise and so long. keep in mind, even before the financial crash on september 15, 2008, inflation-adjusted median income produced so few jobs. small people -- small business peop
will be decades before china can make such a machine. the imf is predicting growth for 2012 and 2013. this country still has the world's best universities, more than any other, it is the largest producer of natural gas and the biggest food exporter. granted, this is a government hollowed by the winds of of voters. if we do not do something, we will end with sequester at the end of the year. spending cutwill be automatic. what do you think the chances are that sequester will be activated?...
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Mar 4, 2012
03/12
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we have to do everything we can to persuade china and russia. the europeans are assertive, talking about cutting off the import of iranian oil. all of that may have an effect. anything regarding iran these days, if there is a bright spot, it is a dark red spot. the dark bright spot is they contend over and over again, though we do not believe them and should not believe them, that they do not have a weapons program and are not going to have a weapons program. they said it would be a sin to develop weapons. do i believe that? no. do i think that is important? yes. it is a face-saving way to come down if we can come up with some type of international enrichment centers that are under iaea cameras and control. that is the dark bright spot in a very difficult situation. >> secretary schulz? >> i wanted to add something on pakistan. bill and i, over the last six months, had 2 we will link the meetings, one with a group of former military and foreign minister types in india and pakistan, and then after that one with pakistani high officials and some h
we have to do everything we can to persuade china and russia. the europeans are assertive, talking about cutting off the import of iranian oil. all of that may have an effect. anything regarding iran these days, if there is a bright spot, it is a dark red spot. the dark bright spot is they contend over and over again, though we do not believe them and should not believe them, that they do not have a weapons program and are not going to have a weapons program. they said it would be a sin to...
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Nov 26, 2012
11/12
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america strategy comes down to borrowing from china to save the world from china. this is not a sustainable strategy. there are a couple of numbers that are important. the deficit, the widest measure of trade, runs about 4% to 5% gdp now. manufacturing is about 11% of gdp. service hervey produces and exports. how the square the circle? >> thank you. with a lot of questions on the table from energy and whether we should have ambiguity on what is in the south china sea or not. indian ocean base is, human rights, and the question about borrowing from china to save china. i will start with paul. >> i will start with human- rights question first because i know it is a real strategic dilemma for nations that are engaged primarily economically with china, because there always has to be a human rights imperative. it is either the elephant in the room or is the challenge to getting into the agreements you want to be in. that the said, there are 400 or 500 million chinese living on the same per capita income as nigeria with $2 a day. that is always a real concern for the chi
america strategy comes down to borrowing from china to save the world from china. this is not a sustainable strategy. there are a couple of numbers that are important. the deficit, the widest measure of trade, runs about 4% to 5% gdp now. manufacturing is about 11% of gdp. service hervey produces and exports. how the square the circle? >> thank you. with a lot of questions on the table from energy and whether we should have ambiguity on what is in the south china sea or not. indian ocean...
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Feb 5, 2012
02/12
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some emerging markets like china are beginning to approach us. we remain the r and d leader. >-- we remain the r & d leader. >> talk about policy responses. you are worried about the federal government's fiscal responsibility. we do not have to reinvent the wheel. if you look at this chart we have on the screen, you can see the difference in recoveries during the 2007-2011 timeframe. there was an op-ed in the wall street journal this morning that said if we had just follow the same policy that reagan's fault when he inherited a bad economy, we would have 17 million more americans working today and our gdp per family would be $23 -- $23,000 higher. the constitution says the federal government has certain basic responsibilities. we have to provide for national security. some people feel we have to provide for basic research. everything else is on the table when you look for it. my questions are simple. can you give me the abbreviated reader's digest response if you can. who is the better allocator of capital to the greater public good? is it the pr
some emerging markets like china are beginning to approach us. we remain the r and d leader. >-- we remain the r & d leader. >> talk about policy responses. you are worried about the federal government's fiscal responsibility. we do not have to reinvent the wheel. if you look at this chart we have on the screen, you can see the difference in recoveries during the 2007-2011 timeframe. there was an op-ed in the wall street journal this morning that said if we had just follow the same...
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Dec 10, 2012
12/12
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host: what slip by in the answer -- look at china. they are not as technologically advanced as far as military. they have one aircraft carrier and a small air force. that question was dodged. wheat dominate militarily and with nuclear-weapons compared to the rest of the world. there was a fear that it would become too powerful. here we go again with across- the-board cuts when we should be looking at the contract situation. there is a system with the defense department and contractors. there is a lot of waste going on in purchasing. the defense department succeeds all other areas of government. everybody supports our defense. i believe are most important national interest is our own people and putting the funding into rebuilding the urban areas of the united states and bringing poor people up to a standard of living where they can get by. we spent over $300 billion on and afghanistan. guest: the caller is correct when he talks about china. they are just barely beginning to use aircraft carriers and things like this. they are much more
host: what slip by in the answer -- look at china. they are not as technologically advanced as far as military. they have one aircraft carrier and a small air force. that question was dodged. wheat dominate militarily and with nuclear-weapons compared to the rest of the world. there was a fear that it would become too powerful. here we go again with across- the-board cuts when we should be looking at the contract situation. there is a system with the defense department and contractors. there is...
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May 22, 2012
05/12
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liking behind china and others. the question of the technology development, there remains much to play for. the clinton energy marketplace cannot be sustained by subsidies brevard. we have seen signs of declining support from government and around the world. the industry will compete and on price without government support. for some technologies, this is already occurring, but the date that happens far and wide still lies ahead. will the u.s. be home to that most critical technologies and the manufacturing capacity? will the u.s. be a market maker or a price taker, buying equipment from companies overseas? this remains to be seen, but there are hopeful signs despite the lack of investment. the company is home to world- class research institutions, is the hub for a venture investing, and in my view it nations may be better positioned to own a long- term energy future and the united states. the only question is whether these resources can be coordinated policy must enter the picture. thank you very much for your time,
liking behind china and others. the question of the technology development, there remains much to play for. the clinton energy marketplace cannot be sustained by subsidies brevard. we have seen signs of declining support from government and around the world. the industry will compete and on price without government support. for some technologies, this is already occurring, but the date that happens far and wide still lies ahead. will the u.s. be home to that most critical technologies and the...
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Dec 4, 2012
12/12
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we also have an economic competitor and a partner in china. they have a voracious appetite for natural resources and we're looking at new ways to get these in our own backyard, and maybe i will ask you this question, admiral. admiral, maybe i will ask you this question. how important is the china factor in america energy program's going forward? >> i will talk to doubt, but i would like to mention a few puffs things about this report that may not have come out in your opening remarks. we definitely advocating opening of drilling in the united states where we cannot, but there is a -- wherever we can, but there is a very strong part of this report that says it has to be done safely and we know how to do it safely. that is one contribution of those of us who have served in the armed forces, we do a lot of dangerous stuff in the armed forces, fuel, nuclear power, explosives. the way we do that safely is a high standards, rigid enforcement, and very professional inspectors to do it. we strongly recommend applying this model to regulatory body so t
we also have an economic competitor and a partner in china. they have a voracious appetite for natural resources and we're looking at new ways to get these in our own backyard, and maybe i will ask you this question, admiral. admiral, maybe i will ask you this question. how important is the china factor in america energy program's going forward? >> i will talk to doubt, but i would like to mention a few puffs things about this report that may not have come out in your opening remarks. we...
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Feb 11, 2012
02/12
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china. this country was founded on the idea of freedom and individual liberty. the idea of individual liberty was championed by the american revolution. that is what makes us unique as americans in a world that is almost a paradox of sorts unlike many other countries. individual liberty unites us. that is what we are fighting for. that is why thing we must halt obama's unrelenting march to the far left. barack obama's priorities are not america's priorities. obama is not your father's democrats. he is not clinton or kennedy. he is the first on apologetic left this to live at 1600 pennsylvania avenue and he must be the last. [applause] because this is a president who would rather the how to chinese leaders -- bow to chinese leaders then stand up for american greatness. this is a president who would rather trash to the constitution and reserve our rights. this is a president who would rather refer to the united nations then defend the united states. we serve the principles of jefferson, washin
china. this country was founded on the idea of freedom and individual liberty. the idea of individual liberty was championed by the american revolution. that is what makes us unique as americans in a world that is almost a paradox of sorts unlike many other countries. individual liberty unites us. that is what we are fighting for. that is why thing we must halt obama's unrelenting march to the far left. barack obama's priorities are not america's priorities. obama is not your father's...
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Sep 18, 2012
09/12
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. >> of trade complaint against china regarding auto subsidies. president obama made a stop in cincinnati. this is a little more than an hour. ♪ >> hello, cincinnati. thank you. thank you. thank you so much. crowd: four more years! it is good to be back in cincinnati. it's good to be in ohio. it is great to be in this beautiful setting. it seems that we should have a picnic. who has the chicken? [laughter] na little chicken. a little potato salad. baked beans. he said -- who said beer? it is beautiful. can anybody please give andrew a great round of applause for that wonderful introduction? wasn't it great? but we say we could not be -- let me say we could not be prouder a disservice to our country as a veteran. we are very proud of the work he is doing and the work he does with his union but the thing i am most proud of is the fact that he has triplets and he is still standing. i had a chance to meet his wonderful wife. triplets. that is serious. you cannot play man-to-man defense. you have to go into a zone. so we are very proud of him and we
. >> of trade complaint against china regarding auto subsidies. president obama made a stop in cincinnati. this is a little more than an hour. ♪ >> hello, cincinnati. thank you. thank you. thank you so much. crowd: four more years! it is good to be back in cincinnati. it's good to be in ohio. it is great to be in this beautiful setting. it seems that we should have a picnic. who has the chicken? [laughter] na little chicken. a little potato salad. baked beans. he said -- who said...
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Feb 24, 2012
02/12
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even nations like china have figured that out. in the last three years, china and the european nations have individually form a free-trade agreements with other nations around the world with 44 different agreements. do you know how many agreements this president has worked out? zero. why isn't he doing that? why did he dragged his feet on our free trade agreement with columbia and south korea? organize unions did not want it. bowing to them, he holds off on trade. even before his stimulus went into effect, what did he do the two weeks before the stimulus? he issued an order forcing the government to use only union labor on construction projects. he bailed out the auto makers in a way that did not follow the normal process of bankruptcy, but gave the auto companies to the uaw, the people who supported his campaign. he fought for card check. not getting it,he put in place labor stooges at the labor relations board. his decision on boeing was one of the most egregious decisions we have seen in a long time. he flies in the face of wha
even nations like china have figured that out. in the last three years, china and the european nations have individually form a free-trade agreements with other nations around the world with 44 different agreements. do you know how many agreements this president has worked out? zero. why isn't he doing that? why did he dragged his feet on our free trade agreement with columbia and south korea? organize unions did not want it. bowing to them, he holds off on trade. even before his stimulus went...
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77
Dec 13, 2012
12/12
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in china. so effectively what we did, we borrowed money from china to be able to send it back to china to be able to study problems there. let's get americans back to work. we took another $2.6 million to be able to train chinese prostitutes not to drink too heavily. i think we have a better use for american dollars. right now, america is facing a fiscal challenge a fiscal event. the problem resides not with americans being taxed too little, but government spending too much. we have a caucus that's dedicated to getting americans back to work, to bringing fiscal sanity into the process. and to never, ever forget it is not washington, d.c.'s money, it's the american people's money. let's stand up to them first rather than for more and bigger government. with that, i yield back. >> i thank the gentleman, so well said. jobs, the economy, economic growth. mrs. blackburn: we have to have economic growth. continuing to raise tax rates, continuing to escalate spending, doesn't do that. what we want to
in china. so effectively what we did, we borrowed money from china to be able to send it back to china to be able to study problems there. let's get americans back to work. we took another $2.6 million to be able to train chinese prostitutes not to drink too heavily. i think we have a better use for american dollars. right now, america is facing a fiscal challenge a fiscal event. the problem resides not with americans being taxed too little, but government spending too much. we have a caucus...
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128
Nov 18, 2012
11/12
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i also think the other capitals have that interest, iran, the stans, russia, china, all the countries that have interest in afghanistan. their calculus would be affected by our signing a bilateral agreement. >> so i think it is a very important answer. i have the same feeling. i think islamabad is the first capital that would be affected by the bilateral agreement. tying some elements of the pakistani government to terrorist groups. they are hedging their bets for what happens the day after we leave. if we're not leaving presumably, they lose that argument. but, you know, there is -- every situation is different. i can't help but relate this to iraq. nobody wanted our discussions with the iraqi government for a presence in iraq after our troops left to fail more than iran did. and in fact, they were working on that. the fact that it did fail and we have no continuing presence in iraq i think is part of the reason why iran's influences spread there and so incidentally has al qaeda re- emerged again. i think those are warnings to us about how important it is to do exactly what you have
i also think the other capitals have that interest, iran, the stans, russia, china, all the countries that have interest in afghanistan. their calculus would be affected by our signing a bilateral agreement. >> so i think it is a very important answer. i have the same feeling. i think islamabad is the first capital that would be affected by the bilateral agreement. tying some elements of the pakistani government to terrorist groups. they are hedging their bets for what happens the day...
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171
Dec 28, 2012
12/12
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he used to -- of china chance is progress to if there was one district name in changing the health and when people said the but the time from cover to,. it was a two session time. what they really meant was that they scanned it things they have read a yesterday. it was the reliable place to go. all of the news fit to print. it was a very important -- it was a very important part of history. let's take the normandy invasion in 1944, a major historic event. you remember -- most of us do not remember that, but if you think of that, could he should the map of the allies' progress? at the end of the thirties. horace. the crimes a point of departure, to make sure they have full reporters, that the most accurate news was really in the newspaper. the great news reporters could do so much. so it really was not the place for people to go to the news. i want to stress something else out. at that time, the government and the media were aligned. there was not this junction that we have now. it was not fox fees. there was not a gap that will come to later. i wanted to become the new media and admini
he used to -- of china chance is progress to if there was one district name in changing the health and when people said the but the time from cover to,. it was a two session time. what they really meant was that they scanned it things they have read a yesterday. it was the reliable place to go. all of the news fit to print. it was a very important -- it was a very important part of history. let's take the normandy invasion in 1944, a major historic event. you remember -- most of us do not...